Binance confirms access restrictions for sanctioned Russian users

According to Bitcoin.com, Binance said it has complied with international sanctions and restricted access to its platform for sanctioned Russian individuals and entities. Binance stressed that compliance is its top priority and said it is re-evaluating its business operations in Russia. Although the platform provides limited services to existing Russian users to ensure the security of their digital assets, Binance strictly abides by global sanctions rules and denies sanctioned users access to its platform.